The Internet of Things (IoT) refers to the network of interconnected devices that can communicate and exchange data with each other over the internet . These devices, equipped with sensors and software, can include a wide range of objects such as kitchen appliances, cars, thermostats, fitness trackers, and more.
Telecommunication plays a crucial role in enabling the connectivity of IoT devices and facilitating the exchange of data between them. Telecommunication networks provide the infrastructure and communication channels necessary for IoT devices to connect to the internet and transmit data.
The synergy between telecommunication and IoT has led to the development of smart cities, smart homes, industrial automation, and various other applications. IoT devices can collect and process large amounts of data, enabling organizations to make informed decisions, improve operational efficiency, and enhance customer experiences .
The number of IoT connected devices worldwide has been growing rapidly. In 2023, it was estimated that there were 16.7 billion connected IoT devices globally, and this number is projected to increase further in the coming years.
Telecommunication companies play a significant role in managing and providing connectivity for IoT devices. In 2023, the top five network operators, including China Mobile, China Telecom, China Unicom, Vodafone, and AT&T, managed 84% of all global cellular IoT connections .